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Business > Globalistaion > Flashcards

Globalistaion Flashcards

1
Q

What does global market mean

A

Competitors

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2
Q

Positives of globalisation

A

Increase sales and profits easy set up for factories globally and cheap labour

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3
Q

Negatives of globalisation

A

Hi wages in the UK cannot compete with the firms abroad currency is all different low labour equals bad publicity

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